Is it cost-effective for other provinces to pay one-time medical insurance for their parents in Xiamen?

According to Baidu Encyclopedia, once the payment is completed, you will have the retirement conditions of employee medical insurance, which means that you can enjoy employee medical insurance reimbursement for life without paying any fees. It can be said that you are equivalent to buying out your employees' medical insurance reimbursement at one time, so it is very cost-effective.

Medical insurance refers to social medical insurance. Social medical insurance is a social insurance system established by the state and society according to certain laws and regulations to provide basic medical needs for workers within the scope of protection.